| LATEST NEWS | Malaysia firm on various ‘red line’ items,19 pct tariff rate achieved without compromising sovereign right to implement key policies supporting socio-economic stability and growth - MITI | The US tariff cut to 19 pct is a testament to Malaysia’s credibility as a reliable trade and investment partner - Tengku Zafrul | MITI views the lower US tariff of 19 pct as a significant achievement of Malaysia’s thorough and methodical negotiating process | UMS Integration Ltd opens at RM5.15 on its debut on the Main Market of Bursa Malaysia, a 15 sen premium over its IPO price of RM5, with 100,000 shares traded | The United States imposes a reduced 19 pct tariff on Malaysian imports effective Aug 1 | |
KUALA LUMPUR, Oct 28 (Bernama) -- The government, through the East Coast Economic Region (ECER) Development Council (ECERDC), will continue to focus on attracting private investments and realising high-value investment projects in the region, especially the Pahang Technology Park (PTP) and Gambang Halal Park (GHP).
TUARAN, Oct 28 (Bernama) -- The Sabah government’s investor-friendly policy has shown promising results, with the state now attracting a growing number of local and foreign investors across various sectors.
BUKIT MERTAJAM, Oct 28 (Bernama) -- Property developer Suling Hill Development Sdn Bhd today launched the Northern TechValley @ BKE, an industrial park project projected to have a gross development value (GDV) of RM1.3 billion.
KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.
KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.
KUCHING, Oct 25 (Bernama) -- Sarawak Metro Sdn Bhd (Sarawak Metro) has awarded a contract worth over RM122 million to a joint venture (JV) company comprising SKS Coachbuilders Sdn Bhd and Sun Credit Sdn Bhd for the supply of hydrogen-powered feeder buses.
KUALA LUMPUR, Oct 22 (Bernama) -- Gamuda Bhd, together with two Taiwanese-based companies, MiTAC Information Technology Corp and Dong Pi Co, Ltd, have secured a RM4.3 billion turnkey design and build contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.
KUALA LUMPUR, Oct 16 (Bernama) -- A total of 6,617 battery-powered electric vehicles (BEVs) were sold in the first half of 2024 (1H2024) marking a significant 112 per cent year-on-year surge in the electric vehicle (EV) market, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Oct 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on cocoa manufacturer Guan Chong Bhd's (Guan Chong) recent memorandum of understanding (MOU) with Ivory Coast's Conseil du Café-Cacao (CCC) to acquire a 25 per cent stake in CotéTranscao d’Ivoire (CI).
By Siti Radziah Hamzah
KUALA LUMPUR, Oct 9 (Bernama) -- Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.
From Kisho Kumari Sucedaram
MANILA, Oct 3 (Bernama) -- With the pressing demand for more efficient and localised aircraft maintenance services, Cebu Pacific, a low-cost carrier in the Philippines, is inviting discussions to establish a local aircraft component maintenance business within Asia’s rapidly expanding aviation sector.
From Kisho Kumari
MANILA, Oct 3 (Bernama) -- Philippines is actively exploring joint venture opportunities for the country’s airport development.
